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The Evolution of Trade and Currency

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Created October 24, 2025

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Video Transcript

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For millennia, monkeys used barter: a banana for two coconuts. A system that worked

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well, until they needed to exchange a large fruit for a handful of berries.

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Too complicated and indivisible! ​A more practical means was needed. Along came the coin!

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Gold and other metals... small, divisible, and accepted almost everywhere.

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Finally, a shared value for all goods, from leaves to vines. Life was simpler,

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trade took off. ​But metals were heavy and risky to transport. So,

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merchants began depositing gold and receiving a piece of paper in exchange: the "Bank

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Note," the certificate of deposit. ​The Banknote was born! From a simple piece

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